ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.26 per $10,000 · paid last 24h +0.038%

Price spread now: Lighter against Ondo Perps+0.944%7-day average +0.124% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.222%+$22 on $10k

Price spread, last 4 days (all we have)−0.848%−$85 · spread now +0.944%, 7d avg +0.124%

Together, before fees−0.626%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$63 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.820% dearer against Ondo Perps than usual: you sell high and buy low: +$82 more if the spread goes back to its 7-day average of +0.124%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ZEC-USD.P	1,484.2	0.0100	pay 0.0013% / 1h	19m 46s	$406K	$512K	5x
Short	Lighter ZEC	1,498.2	0.0304	get 0.0038% / 1h	19m 46s	$19.8M	$46.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee LighterbpOrdersPrice spread, now +0.944%Rate

Funding earned: $42.84
Price spread: +0.944% → +0.124%: $81.98
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $119.82
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 9 min ago	1.09 bp	1.7 bp −$2	2.0 bp −$20	8.0 bp −$796	56.2 bp −$28.1K

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3684%	1h	1,461.9	−1.502%	$36K	$275K	12x	as long as short
BloFin ZEC-USDT	−0.0147%	8h	1,488.2	+0.269%	$30.5M	$74.5M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0096%	1h	1,490.6	+0.428%	$18.1M	$46.6M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,487.2	+0.199%	$6K	$1K	10x	as long as short
Bulk ZEC-USD	−0.0051%	1h	1,487.2	+0.199%	$898K	$9K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,496.4	+0.819%	$416K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,489.5	+0.356%	$1.6M	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,488	+0.254%	$62K	$304K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,487.2	+0.202%	$5.3M	—	150x	as long as short
Aftermath Perps ZECUSD	+0.0069%	1h	1,483.9	−0.018%	$47K	$64K	10x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0078%	8h	1,489.3	+0.345%	$300K	$1.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,489.4	+0.350%	$168K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,488.8	+0.307%	$12K	$876K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,489.7	+0.372%	$2.7M	$7.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,496	+0.795%	$14.0M	$31.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,496.5	+0.827%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,496.1	+0.799%	$697.1M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,496	+0.796%	$267.7M	$633.6M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,496.7	+0.844%	$182.3M	$1.33B	50x	as long as short
Ondo Perps ZEC-USD.Plong	+0.0100%	1h	1,484.2	long leg	$406K	$512K	5x
Gate ZEC_USDT	+0.0100%	8h	1,493.6	+0.634%	$54.8M	$184.2M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,496.3	+0.814%	$248.7M	$789.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,496.5	+0.827%	$102.8M	$57.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,496.9	+0.853%	$161.2M	$289.0M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,496.6	+0.832%	—	$116.1M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,485.5	+0.090%	$48.4M	$34.5M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,485.6	+0.092%	$570K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,487.2	+0.203%	$3.0M	$511K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,486.6	+0.158%	$409K	$942K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,487.4	+0.212%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,489.4	+0.350%	$358K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,489.6	+0.361%	$164K	$184K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,491.8	+0.509%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,490	+0.393%	$254K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,490	+0.390%	$2.7M	$20.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,490.5	+0.421%	$4.0M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,496.7	+0.845%	$62K	$43K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,492.4	+0.554%	$2.7M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,489.9	+0.387%	$43K	$152K	20x	as long as short
01 Exchange ZECUSD	+0.0128%	1h	1,489.9	+0.386%	$8K	$7K	5x	as long as short
RISEx ZEC/USDC	+0.0129%	1h	1,489.6	+0.362%	$932K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,487.9	+0.252%	$4.7M	$1.4M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0136%	1h	1,490.6	+0.429%	$681K	$1.4M	25x	as long as short
Backpack ZEC_USDC_PERP	+0.0145%	1h	1,490.5	+0.424%	$2.3M	$3.9M	15x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0150% / S −0.0164%	1h	1,490.3	+0.413%	$482K	—	100x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,497	+0.860%	$632K	$8.7M	10x	as long as short
Hyperliquid ZEC	+0.0228%	1h	1,495.6	+0.768%	$777.2M	$442.6M	10x	as long as short
Lighter RH ZEC	+0.0248%	1h	1,496.8	+0.851%	$2.1M	$7.4M	10x	as long as short
Lighter ZECshort	+0.0304%	1h	1,498.2	+0.944%	$19.8M	$46.0M	20x
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,492.2	+0.542%	$3.7M	$10.0M	50x	as long as short